FREQUENTLY ASKED QUESTIONS
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Are there any fees associated with a savings account?
There is a monthly fee of $5.00 if the balance falls below $100 on a My Goal Savings account. Statements cut monthly on the 25th of the month. You may have up to 6 withdrawals per month. Any withdrawals over the limit will be charged a $5.00 fee for each occurrence. ATM withdrawals do not count towards this limit. You may have unlimited ATM withdrawals or inside the branch withdrawals. **If your account balance is less than $100.00 and there have not been any transactions posted to your account in a 2 year period, then a monthly dormant fee of $8.50 will be assessed.Read More
Can a Health Savings Account have Bill Payment?
Yes it can. Health Savings rules state that only medical bills may be paid from this type of account.Read More
Does BancorpSouth sell US Savings Bonds?
Tresury Bonds can no longer be bought in paper form at a bank. Customers wishing to purchase a bond after December 30th, 2011 need to purchase directly from the Treasury. Go to their website (www.treasurydirect.gov/) for information on opening a Treasury Account. To speak to a Customer Service Representative at the Treasury, please call 1-800-553-2663.Read More
When will the Christmas Club checks be mailed?
The last day to make a deposit to a Christmas Club is the first Friday of November. Checks normally are mailed the following Monday.Read More